Pragmatix Advisory Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12403422

Pragmatix Advisory Limited

Filleted Unaudited Financial Statements

31 March 2026

Pragmatix Advisory Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5		16,815		21,786

Current assets

Debtors	6	23,917	32,515
Cash at bank and in hand		270,543	275,803
		---------	---------
		294,460	308,318

Creditors: amounts falling due within one year	7	23,897		39,252
		---------		---------
Net current assets			270,563		269,066
			---------		---------
Total assets less current liabilities			287,378		290,852

Provisions	1,934	2,678
	---------	---------
Net assets	285,444	288,174
	---------	---------

Capital and reserves

Called up share capital	9	110	105
Profit and loss account		285,334	288,069
		---------	---------
Shareholders funds		285,444	288,174
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Pragmatix Advisory Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 1 October 2026 , and are signed on behalf of the board by:

M A Pragnell

Director

Company registration number: 12403422

Pragmatix Advisory Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	20% reducing balance
Equipment	-	20 % straight line

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 8 (2025: 9 ).

5. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 April 2025	13,503	16,070	29,573
Additions	–	375	375
	--------	--------	--------
At 31 March 2026	13,503	16,445	29,948
	--------	--------	--------
Depreciation
At 1 April 2025	450	7,337	7,787
Charge for the year	2,611	2,735	5,346
	--------	--------	--------
At 31 March 2026	3,061	10,072	13,133
	--------	--------	--------
Carrying amount
At 31 March 2026	10,442	6,373	16,815
	--------	--------	--------
At 31 March 2025	13,053	8,733	21,786
	--------	--------	--------

6. Debtors

	2026	2025
	£	£
Trade debtors	15,000	29,885
Other debtors	8,917	2,630
	--------	--------
	23,917	32,515
	--------	--------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	274	283
Accruals and deferred income	2,180	1,775
Corporation tax	458	9,371
Social security and other taxes	19,181	26,404
Other creditors	852	320
Pension creditor	952	1,099
	--------	--------
	23,897	39,252
	--------	--------

8. Share-based payments

The company operates an Enterprise Management Incentive share option scheme. In December

2023 options were granted over B Ordinary Shares in the company at an exercise

price of £0.01 per share. The market value of the shares at the date of grant, as agreed with HM Revenue & Customs, was £0.01 per share. During the year options were exercised in accordance with the scheme rules. No material share-based payment expense arose in the period.

9. Called up share capital

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary shares of £ 0.01 each	10,000	100	10,000	100
Ordinary B shares of £ 0.01 each	1,000	10	500	5
	--------	----	--------	----
	11,000	110	10,500	105
	--------	----	--------	----

10. Events after the end of the reporting period

Since the year end, the Company entered into an agreement to purchase its own shares. A total of 500 Ordinary B shares were acquired for consideration of £5.00 and have subsequently been cancelled.